Common use of Consolidated Current Ratio Clause in Contracts

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day of any fiscal quarter ending on or after the Effective Date, to be less than 1.00 to 1.00.

Appears in 4 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

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Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any each fiscal quarter ending on or after the Effective Date, to be less than 1.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as As of the last day of any fiscal quarter of Borrower ending on or after the Effective Closing Date, permit the Consolidated Current Ratio to be less than 1.00 to 1.00than, 1.00:1.00.

Appears in 2 contracts

Samples: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateSeptember 30, 2007 to be less than 1.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (EXCO Partners, LP)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any each fiscal quarter ending on or after the Effective DateJune 30, 2013 to be less than 1.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateMarch 31, 2006 to be less than 1.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Gasco Energy Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any each fiscal quarter, commencing with the fiscal quarter ending on or after the Effective DateDecember 31, 2010, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateDecember 31, 2005, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Petroleum Development Corp)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateJune 30, 2007 to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any each fiscal quarter ending on or after the Effective DateMarch 31, 2010 to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateDecember 31, 2005 to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateSeptember 30, 2006 to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateDecember 31, 20132014, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Natural Resource Partners Lp)

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Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateJune 30, 2013, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (PDC Energy, Inc.)

Consolidated Current Ratio. The Borrower will not permit allow the Consolidated Current Ratio of the Company to be less than 1.0 to 1.0 as of the last day of any fiscal quarter beginning with the fiscal quarter ending on or after the Effective DateMarch 31, to be less than 1.00 to 1.002004.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateSeptember 30, 2010, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Petroleum Development Corp)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective Date, to be less than 1.00 to 1.00. Unless an Event of Default has occurred and is continuing, for purposes of determining the Consolidated Current Ratio as of any date of determination, the calculation of Consolidated Current Assets shall include the aggregate amount of cash on deposit in the Cash Collateral Account as of such date as a result of the existence of any Defaulting Lender.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Consolidated Current Ratio. The Borrower will not at any time permit the Consolidated Current Ratio Ratio, as of the last day end of any fiscal quarter ending on or after the Effective Datequarter, to be less than 1.00 1.20 to 1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Asbury Automotive Group Inc)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective DateDecember 31, 2013, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Natural Resource Partners Lp)

Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the last day end of any fiscal quarter ending on or after the Effective Date, to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

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